Tennessee Statutes
§ 43-21-102 — Fairs eligible for state aid grants - Use of funds - Forfeiture of privilege
Tennessee·Title 43
The commissioner of agriculture, for the purpose of fostering and developing agriculture within the state of Tennessee, is authorized to pay state aid from the grants made by the general assembly for such purposes to nonprofit agricultural shows held for the purpose of advancing agriculture. Fairs that receive state aid shall use their profits for future fair improvements, increasing their premium lists, and furthering the growth, expansion, and usefulness of fairs in every way possible, and to provide for a possible deficit at some future fair. Whenever a fair converts its profits into the treasury of a county, or pays dividends to stockholders, it forfeits its privilege of sharing in state aid.
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Legislative History
Acts 1949, ch. 156, § 2; C. Supp. 1950, § 552.34 (Williams, § 552.57); T.C.A. (orig. ed.), § 43-2402.
Nearby Sections
15
§ 43-1-101
Qualifications of commissioner§ 43-1-106
Duties of commissioner§ 43-1-107
Annual planting and harvest seasons§ 43-1-113
Definition of agriculture§ 43-1-114
Definition of livestock - Applicability§ 43-1-502
Administration of museum§ 43-1-503
Operation of museum - Annual reports§ 43-1-601
Creation§ 43-1-602
Board - Members§ 43-1-603
Terms of members